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Office Market News

EY: Romania is still the third most attractive market in the region for foreign investments

Romania remains the third most attractive market in the region for foreign direct investments, according to the latest edition of EY’s European attractiveness survey.

Deutsche Telekom leases building in Globalworth Campus

Greek businessman Ioannis Papalekas and Telekom Romania Telecommunications, part of Deutsche Telekom Group, signed a 10-year lease agreement for 25,000 square meters in the first office building in Papalekas’ Globalworth Campus office development in northern Bucharest.

Paying taxes in Romania has become a lot easier, study shows

Romania jumped to the 52 position in the Paying Taxes 2015 report carried out by PwC and the World Bank, which measures the ease of paying taxes in 189 economies worldwide for an average sized company. In last year edition of the report, Romania was on 134.

Romania real estate - investment trends and outlook visions forum - Plus the 10th annual SEE Real Estate Awards nomination launch

On November 27th at the Athenee Palace Hilton Hotel in Bucharest Europaproperty is organizing an afternoon of high impact discussion panels and presentations covering Romania’s industrial, office and retail sectors, which will also provide opportunities to meet manufacturers, retailers and office tenants.

Instant offices on Black Friday: one month free for 6 months contracts signed between 21 and 28 of November at Flash Office Solutions!

Flash Office Solutions started a Black Friday campaign for the clients signing instant office leases in the period between 21st and 28th of November: for six months contract in the new centre opened in Maria Rosetti Tower, they get one month for free!

Sema Parc launches new phase of its office project

Sema Parc group, controlled by businessman Ion Radulea, announced the launching of a new stage of its real estate project in Bucharest, namely two office buildings, Office 3 and Office 4.

IT industry: A Silicon Valley at country level, turnover totals approximately EUR 1 bln

Romania counts on a software and IT services market worth one billion euros, with 80,000 programmers and engineers employed, Software and Services Industry Owners Association (ANIS) chair Andrei Pitis claimed at a press conference on Wednesday. ‘

Owners of AFI Palace Cotroceni shopping mall in Bucharest foresee EUR 30 mln income this year

AFI Palace Cotroceni shopping mall in Bucharest, AFI Europe’s largest and most important asset, posted a net operating income of EUR 7.4 million in the third quarter of 2014 and of EUR 22 million in the first nine months, representing a year-on-year increase of 4%.

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Alexandra Filip

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